Carroll County-Galax city Fair Market Rent FY 2024 Carroll County-Galax city, VA HUD Nonmetro FMR Area Rental Data

Fair Market Rent prices in Carroll County-Galax city are average compared to the national average. This FMR area is more expensive than 59% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Carroll County-Galax city is $905 per month.

The previous year, rent for a two-bedroom home was $793 per month. This is a 14.12% increase year-over-year.

This FMR rate applies to Indian Valley, VA, Lambsburg, VA, Dugspur, VA, Laurel Fork, VA, Ivanhoe, VA, Meadows Of Dan, VA, Fancy Gap, VA, Hiwassee, VA, Austinville, VA, Ararat, VA and other cities within the region. The Metro Code or CBSA code for this region is NCNTY51035N51035.

Additionally, This Fair Market Rent (FMR) area Carroll County-Galax city, VA HUD Nonmetro FMR Area spans one county or city in Virginia which is listed in the table below. Estimated population of Carroll County-Galax city, VA HUD Nonmetro FMR Area FMR area is 29,911 people based on latest Census data.

Compared to the rest of Virginia, the Carroll County-Galax city FMR area is less expensive than 62% of the state.

Median Rent Prices in Carroll County-Galax city

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50^th Percentile Rental Prices: